MIDDLETOWN, N.J., Nov. 21 /PRNewswire/ -- HealthCare Imaging
Services, Inc. (Nasdaq: HISS) today reported operating income of
$200,400, before non-cash compensation charges, minority interests in
joint ventures and income taxes, and a net loss of $271,155 (which
includes a non-cash compensation charge of $368,994), or $.06 per share,
for the three months ended September 30, 1996, compared to an operating
loss of $75,124, before minority interests in joint ventures and income
taxes, and a net loss of $189,353, or $.04 per share, for the three
months ended September 30, 1995. For the nine months ended September
30, 1996, the Company reported operating income of $480,926, before
non-cash compensation charges, minority interests in joint ventures and
income taxes, and a net loss of $909,739 (which includes a non-cash
compensation charge of $1,075,425), or $.19 per share, compared to
operating income of $79,754, before minority interests in joint ventures
and income taxes, and a net loss of $302,784, or $.06 per share for the
nine months ended September 30, 1995.

The improvement in the net operating results before amortization
of the non-cash compensation charges of $1,075,425 for the nine months
ended September 30, 1996 as compared to the nine months ended September
30, 1995 was due primarily to the Company's continued efforts to
restructure its less profitable operations and facilities which resulted
in a decline in operating expenses of approximately $542,000 with a
corresponding decrease in revenues of approximately $141,000.

The following are consolidated condensed unaudited statements of
operations for the periods indicated:

This communication may include certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995, that may or may not materialize. These forward-looking statements
are subject to certain risks, uncertainties and other factors which
could cause actual results to differ materially. Additional information
on factors that could potentially affect the Company or its financial
results may be included in the Company's filings with the
Securities and Exchange Commission.

HealthCare Imaging Services, Inc. is a healthcare management and
services company, specializing in magnetic resonance imaging, that
provides state-of-the-art healthcare equipment, facilities and services
to physicians, hospitals and other healthcare providers. The Company
currently owns and operates five fixed-site imaging centers in New York,
New Jersey and Pennsylvania. In addition, as announced earlier this
month by the Company, a sixth fixed site is currently under construction
at Meadowlands Hospital Medical Center in Secaucus, New Jersey and is
expected to commence operations on or about January 1, 1997.